A priced round is a funding round where the company's valuation is explicitly set and shares are sold at a fixed price per share, unlike a SAFE or convertible note, where the price gets determined later.
A Series A, B, or C is almost always a priced round: investors and the company agree on a valuation, that valuation sets a price per share, and everyone's ownership percentage is locked in at closing. Seed rounds increasingly use SAFEs or notes instead, specifically to skip this negotiation until later.
A priced round is also usually the moment every outstanding SAFE and convertible note actually converts into real shares, which is why it tends to be when a cap table goes from theoretical to final. Worth knowing exactly what the full stack of instruments converts to before that moment arrives, not after.
Staxiom keeps your books and reporting diligence-ready, so a data-room request is a download, not a scramble. Built by founders, investors, CPAs and startup people.